I believe GBP/JPY will at least try to break today's high during the Asian session or early London.
What's certain it that it was unable to break through today's low, which is a good sign for the (short-term) bulls
Enter The Dragon - GBP/JPY 2 replies
Info on the Borihei-Dragon Scalping System? 15 replies
The Dragon 441 replies
Scalping The Dragon 34 replies
***Dragon II*** 15 replies
Disliked{quote} Well, it's already just 17 pips away from that level. lsIgnored
DislikedDraghi's speech will do nothing to pound. The market is range bound. The complete middle east is celebrating eid and there is no volume. Dont expect any big moves, and dont expect Dragon to go long either. Watch yen and pound. When one goes up the other comes down and vice versa. Rest you are more experienced. Plus, do not trade dragon on Wednesday the governors of BOE and BOJ are speaking at the exact time. However, I think on Wednesday if anyone is willing to take the risk they can go both long and shot with T/Ps in place and praying that both...Ignored
Disliked{quote} --- One thing I have learn from dragon, is his capability to surpise everybody. So, I trade his signals no matter how weak they seems. They can accelerate very fast from 0 to 100s. -- But if only give me 20 pips today, I will take them. ....Ignored
Disliked{quote} Keep going up you big bully! Thought you could fool me twice, eh? Now pay up!!Ignored
DislikedI cheated and hold over the weekend... I know its risky, but it worked out well {image}Ignored
DislikedAnd follow weekly and daily support and resistance not 5 min pleaseIgnored
Disliked{quote} You can make a perfectly good living with the 5-min charts only. Not sure why some traders keep thinking that the daily or weekly charts will give them some kind of special advantage. I could post hundreds of 5-min charts (without the price on the Y axis) and nobody would be able to tell if these charts are from 5-min charts or the monthly/weekly/daily charts.Ignored
Disliked{quote} That's the problem with unexpected events, they do happen. Now let's see what the GBP/NZD is up to (NZD Trade Balance in 3 hours)...Ignored
Disliked{quote} I believe in keeping things very, VERY simple. I know a few traders who earn good money just with Head and Shoulders formations alone. Others make a bundle with simple breakouts from trendlines, or they wait for nice triangle formations to pull the trigger. Personally I trade with zero indicator, just pure, very simple price action. Keep it simple folks, keep it simple.Ignored
Disliked{quote} You can make a perfectly good living with the 5-min charts only. Not sure why some traders keep thinking that the daily or weekly charts will give them some kind of special advantage. I could post hundreds of 5-min charts (without the price on the Y axis) and nobody would be able to tell if these charts are from 5-min charts or the monthly/weekly/daily charts. Technical analysis will work on ANY time frame. Well almost, at the tick level it's usually just random noiseIgnored